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Today’s Top Crypto News, Tuesday October 4th

Today’s Top Crypto News, Tuesday October 4th •Bitcoin Gains Momentum on Fed Pivot Narrative, But Some Banks Anticipate Dollar Rebound – CoinDesk “Bitcoin rose above $20,000 soon before press time, extending Monday’s “ISM-induced” gains as dollar continued to lose ground.” •Binance burns $1.8M in LUNC trading fees following community proposal – CoinTelegraph “According to the crypto […]

By Matt Montemayor · October 4, 2022

Today’s Top Crypto News, Tuesday October 4th

•Bitcoin Gains Momentum on Fed Pivot Narrative, But Some Banks Anticipate Dollar Rebound – CoinDesk

“Bitcoin rose above $20,000 soon before press time, extending Monday’s “ISM-induced” gains as dollar continued to lose ground.”

•Binance burns $1.8M in LUNC trading fees following community proposal – CoinTelegraph

“According to the crypto exchange, the burn was the equivalent of 1,863,213.47 USDT — roughly 5.5 million LUNC.”

•McDonald’s starts to accept Bitcoin and Tether in Swiss town – Investing.com

“Multinational fast food chain McDonald’s started to accept Bitcoin (BTC) as a payment method in the 63,000-populated city of Lugano in Italian Switzerland, which is becoming a hotspot for crypto adoption in Western Europe.”